Electrical Test Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Electrical Testing Equipment Market is segmented by Equipment Type (Stationary and Portable), Testing Application (Voltage Testing, Functionality Testing), Industry Application (Energy & Power, Oil & Gas, Aerospace & Defense, Manufacturing, Consumer Electronics), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value in USD million for all the above segments.

Electrical Test Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Electrical Test Equipment Industry Overview

With significant regional and global players, the market for electrical test equipment is quite fragmented. However, the market's prominent players are involved in competitive strategic developments such as acquisitions and partnerships, new product development, and market expansion to augment their leadership position in the electrical test equipment market.

  • March 2022 - Anritsu Company has launched its Emerging Technology Testing Solution, which combines its industry-leading 220 GHz VectorSta broadband vector network analyzers (VNAs), cutting-edge laboratory, and a team of measurement experts. The initiative provides a seamless and efficient product verification process for manufacturers designing high-frequency components such as amplifiers, filters, transistors, and chips using emerging technologies.
  • March 2022 - Fluke has introduced a new clamp meter family that makes electrical measurements much safer for servicing and maintenance technicians. The Fluke 377 FC and 378 are non-contact voltage True-RMS AC/DC clamp meters that enable technicians to conduct rapid electrical tests without the risk of coming into contact with potentially hazardous live parts.

Electrical Test Equipment Market Leaders

  1. AEMC Instruments (Chauvin Arnoux, Inc.)

  2. Beha-Amprobe GmbH

  3. Electrical Test Instruments, LLC (ETI)

  4. Fluke Corporation

  5. HAEFELY HIPOTRONICS (Hubbell Incorporated)

  6. *Disclaimer: Major Players sorted in no particular order
Electrical Test Equipment Market Concentration